Onelink will own the U.K. market for travel
lets say that onelink takes a 3% commission on 10 billion in net purchases that equals around a 300 million in top line revenues from just the U.K. markets. Granted a >50% travel agent penetration rate is onelinks goal, but still a few years out.
read this
in 2004, UK travelers made 64.2 million visits abroad, representing $56 billion in travel and tourism expenditures; of this, $17 billion was spent on package holiday travel and $20 billion on non-package travel. Over half of all leisure trips (54 percent) were non-package in nature. Independent travel agents -- the prime market for OneLink�s integrated booking and settlement service -- account for a significant percentage of the overall British travel industry. Currently there are more than 7,300 leisure-based, independent travel agencies in Great Britain, comprising over 30,000 agent desktops. These independent agencies generated approximately $12 billion in annual travel revenue in 2004, the latest year for which figures are available.
the U.K. is a sweet market for onelink. There will always be lots of English travelers coming to the U.S., especially as long as the Brittish pound remains strong against the dollar.
the scaleability of the CCRA portal is incredibly sweet, lets hope everything is falling into place for some explosive growth. Revenues and profits should start to climb like a hockey stick. That is either geometric or exponential growth.
I can't wait until the financial statements are out at the end of the quarter.
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